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Ross Medical Education Center - Erlanger Financial Aid & Debt Outcomes

71% Freshmen Get Financial Aid
$4,999 Average Grant & Scholarship
64% Undergrads Get Grant Aid

The majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Ross Medical Education Center - Erlanger can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

What financing options does Ross - Erlanger offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.

Understanding Ross - Erlanger Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Ross Medical Education Center - Erlanger.

Average Freshman Financial Aid at Ross Medical Education Center - Erlanger

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Among first-time, full-time freshmen at Ross Medical Education Center - Erlanger, 71% of the incoming full-time class was awarded financial aid some 36 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)55%$4,942
Institutional grants & scholarships0%
Federal Pell grants55%$4,942
State/local grants0%
Federal student loans57%$7,169

Scholarships and Grants at Ross Medical Education Center - Erlanger

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 64% of undergraduate students received gift aid averaging $4,999 (across approximately 69 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$4,999
Federal Pell grants63%$5,073
Federal student loans52%$7,200

Title-IV recipients living on campus saw average grant aid of $5,084.

Net Price by Family Income at Ross Medical Education Center - Erlanger

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$22,211
$30,001 – $75,000$26,630

Each figure is the net price after grants and scholarships, not the published sticker price.

What Students Actually Pay at Ross Medical Education Center - Erlanger

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$19,448
Off-campus title-IV students$22,211

For a customized cost estimate, visit Ross - Erlanger’s net price tool: rosseducation.edu/consumer-info/#npc.

How Much Students Borrow at Ross Medical Education Center - Erlanger

The middle student in the debt distribution at Ross - Erlanger owes $7,719 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$7,719
Median federal debt (graduates only)$9,500
Typical 10-year monthly payment (graduates)$100.72/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Ross - Erlanger.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,596
25th percentile$5,500
75th percentile$9,500
90th percentile (highest-debt students)$9,500

Debt by Student Cohort at Ross Medical Education Center - Erlanger

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$8,609
Middle income$7,000
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,750
Continuing-generation students$7,221

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Ross - Erlanger.

Student Loans at Ross Medical Education Center - Erlanger

Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Ross - Erlanger:

MetricValue
Stafford loan recipients23511
Total Stafford loan amount$270,946,967

Veterans Benefits at Ross Medical Education Center - Erlanger

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients2
Total GI Bill amount$19,841
Average GI Bill amount per recipient$9,921

References

More about our data sources and methodologies.

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